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Embattled Facebook's quarterly profit climbs to over $9 billion
Embattled Facebook's quarterly profit climbs to over $9 billion
Agence France-Presse
Published Oct 26, 2021 07:07 AM PHT
Facebook chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. Erin Scott, Reuters/file
SAN FRANCISCO - Facebook on Monday reported that its profit in the recently-ended quarter topped $9 billion and its ranks of users continued to increase as the company faced a serious crisis over allegedly putting growth before safety.
Facebook said profit was up 17 percent from the same period last year, and the number of people using the social network monthly climbed 6 percent to 2.91 billion.
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